Poland: Metal Furniture Lock Market 2024

Metal Furniture Lock Market Size in Poland

The Polish metal furniture lock market rose sharply to $X in 2022, picking up by X% against the previous year. In general, consumption continues to indicate strong growth. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Metal Furniture Lock Production in Poland

In value terms, metal furniture lock production rose modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Metal furniture lock production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Metal Furniture Lock Exports

Exports from Poland

In 2022, approx. X tons of base metal furniture locks were exported from Poland; dropping by X% compared with the previous year's figure. Overall, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal furniture lock exports totaled $X in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main destinations of metal furniture lock exports from Poland, with a combined X% share of total exports. The Netherlands, Belarus, Belgium, Sweden, Russia, Lithuania, Hungary, Kazakhstan, Croatia and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal furniture lock exported from Poland were Germany ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total exports. France, Sweden, Belgium, Belarus, Lithuania, Kazakhstan, Russia, Hungary, Ukraine and Croatia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal furniture lock export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal furniture lock export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Furniture Lock Imports

Imports into Poland

In 2022, overseas purchases of base metal furniture locks increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, metal furniture lock imports reduced to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of metal furniture lock imports to Poland, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal furniture lock suppliers to Poland were Germany ($X), China ($X) and Denmark ($X), together comprising X% of total imports. The UK, Sweden, Italy, Belgium and Spain lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal furniture lock import price stood at $X per ton in 2022, falling by X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal furniture lock import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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